Table of Contents
What happened to Washington Mutual Bank?
Washington Mutual, Inc—abbreviated to WaMu—was a savings bank holding company and the former owner of WaMu Bank, which was the United States’ largest savings and loan association until its collapse in 2008. All WaMu branches were rebranded as Chase branches by the end of 2009.
Who owns the Federal Savings bank?
We are a privately held veteran-owned, federally chartered bank primarily focused on educating our customers and expanding home ownership in America.
When did Washington Mutual close?
September 26, 2008
Washington Mutual/Ceased operations
Who bought Wachovia bank?
Wells Fargo & Company
The Acquisition of Wachovia Corporation by Wells Fargo & Company. Before the Financial Crisis Inquiry Commission, Washington, D.C.
Is the Federal Savings Bank FDIC insured?
Additionally, Federal Savings Bank is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.
Who is the president of the Federal Savings Bank?
Javier Ubarri
Javier Ubarri currently serves as the President of The Federal Savings Bank.
What bank bought Washington Mutual?
JP Morgan Chase Bank
Please note that any deposits that have not been claimed within 18 months of the failure of Washington Mutual Bank FSB was sent to the FDIC by JP Morgan Chase Bank as acquirer of Washington Mutual Bank, FSB on April 15th, 2010.
Are Wells Fargo and Wachovia routing numbers the same?
If you’re currently a Wachovia customer, keep an eye out for something in the mail. You should be receiving a stack of information that should help answer some of your questions. “We’ve been sending out information to customers for the past three to four weeks,” said Wachovia Regional Vice President Tim Butturini.
Is Flagstar Wells Fargo?
Michigan-based Flagstar, a midsize federal savings bank, acquired the accounts of more than 50,000 Wells Fargo customers in the Midwest. The acquisition included 52 branches across Indiana, Michigan, Ohio and Wisconsin.